Dividend will always be paid in Jan month and this will be the trigger, min 4 Rs dividend expected as the debt service has increased
As H1 has performed better than previous years H1, this will give a good move till 85 levels
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
CESC can be bought for intraday on 15 min candle close above 88 for Gap filling with a cup and handle breakout for target of 90 with SL of 87.2.
Book half at 89.9 and rest at 90.3
Do like, comment and share if you like my analysis.
If CESC Sustain above 93.05 and closes then there is a good chances of achieving the TG1 95.80-96 & TG2 98.35-98.70 with the stop Loss of 90.80-90.60 which ever is suitable according to you
And if you see Weekly Candle then it closed above 92.15 which is a good signal, My prediction is that if it breaks 93 then we will see a good move with in few days. even RSI...
CESC has broken the day downtrend and is moving upside. I already have taken the trade with a 1 rupee stop loss and 5R target. one can still take this very low-risk trade.
Please do your own research before taking any trade.
CESC (Long) is under triangle pattern formation and can give a good return in short term. T1: 93.20, T2: 96.85, T3: 101, Please follow a strict stop loss of 81. I am not a sebi registered trader and this idea is for educational purpose only.